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Endeavour Silver remains on track with construction of its Terronera Project

(NewsDirect) Endeavour Silver CEO Dan Dickson joined Steve Darling from Proactive to shar...

articleEndeavour Silver Corp.September 8, 20234/company/endeavour-silver-corp/news/endeavour-silver-remains-on-track-with-construction-of-its-terronera-project
Endeavour Silver remains on track with construction of its Terronera Project

About this update from Endeavour Silver Corp.

[{"type":"text","content":"Endeavour Silver remains on track with construction of its Terronera Project\n \n \n (NewsDirect)\n \n \n \n \n Endeavour Silver CEO Dan Dickson joined\nSteve Darling from Proactive to share news that the company's\nwholly-owned subsidiary, Minera Plata Adelante SA, has successfully\nclosed a royalty sale transaction with Gold Royalty Corp, resulting in\ntotal consideration of $7.5 million.\n \n \n Dickson explained that the royalty sale pertains to two\nconcessions associated with Capstone's Cozamin copper-silver mine,\nlocated in Mexico. Under the terms of the sale agreement, Gold Royalty\nCorp has the option to acquire any additional royalties that may be\ngranted on the five remaining concessions covered by the 2017\nconcession division agreement.\n \n \n The\nproceeds from the royalty sale will be deployed strategically to\nadvance Endeavour Silver's operations. Specifically, the company\nplans to allocate the capital towards progressing its two high-grade\nunderground silver-gold mines located in Mexico. This includes\nsupporting the ongoing construction and development of the Terronera\nProject, a key initiative for Endeavour Silver's growth.\n \n \n The\nsuccessful closure of the royalty sale not only provides Endeavour\nSilver with additional capital but also demonstrates the company's\ncommitment to optimizing its portfolio and maximizing the value of its\nmining assets in Mexico.\n \n \n \n Contact\nDetails\n \n \n \n Proactive Investors\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":1998,"tagName":"div"}]

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